Sino Agro Food Inc (fka SIAF)

[bonebreaker]

SINO AGRO FOOD, INC. OPERATING SUBSIDIARIES

Capital Award Inc., a Belize Corporation, is engaged in the promotion, development and management of modern fishery projects.

ZhungXing Cattle Husbandry Co. Ltd., a China company, is engaged in the planning, development, operation and management of modern diary and cattle farms in China.

Hang Sing Tai Agriculture Development Co. Ltd, a China company, is a horticulture company engaged in the planning, development, operation and management of Hylocereus Undatus plantations, commonly known as Bean Capers or Pitaya.

SanJiang A Power Agriculture Development Co. Ltd., a China company, is the manufacturer of Bio-Organic fertilizer and Stock-Feed for the consumption of beef cattle, cows and sheep and the development of other agriculture and livestock businesses.

Guangzhou A Power Agriculture Development Co. Ltd., a China company, is the developer of a modern fishery project in Guangzhou City, China aiming at the production of 7,000 Tons of chemical and pollution free table fish and fish products by 2013 and targeting the initial production of 500 Tons by June 2010.